Vol.7, No.2, May 2018.                                                                                                                                                                             ISSN: 2217-8309

                                                                                                                                                                                                                eISSN: 2217-8333

 

TEM Journal

 

TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS

Association for Information Communication Technology Education and Science


Risk Analysis for Performance Improvement in a Romanian Pharmaceutical Company

 

Dana Corina Deselnicu, Olivia Doina Negoita, Anca Alexandra Purcarea

 

© 2018 Dana Corina Deselnicu, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)

 

Citation Information: TEM Journal. Volume 7, Issue 2, Pages 319-323, ISSN 2217-8309, DOI: 10.18421/TEM72-12, May 2018.

 

Received: 17 January 2018
Accepted: 20 April 2018
Published: 25 May 2018

 

Abstract:

 

The paper presents risk management analysis carried out to investigate the operations of a Romanian company dealing with the distribution of pharmaceutical products. The main risks challenging the company were identified, described and classified, providing a scientific base for further analysis. Then, the identified inherent risks were evaluated using tools as the risk index method and the risk matrix in order to emphasize their tolerance level. According to the results of the evaluation, risk mitigation strategies and measures were advanced for the management of the analysed risks. Relevant conclusions were drawn from the experience.

 

Keywords –risk management, risk assessment, risk index, risk strategy.

 

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